3701 N ELSTON Avenue Chicago, IL $ 900,000
3701 N ELSTON Avenue
$ 900,000
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3701 N ELSTON Avenue

Chicago, IL, 60618
$ 900,000
Bedrooms-- Baths-- Sq 5,940

Monthly Estimate*

$ 5,541

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Commercial Property for sale in Chicago, IL

for $900,000. This 5,940 square foot building was built in 1927 on a lot size of 0.096809.

Asking price of $900,000. Mixed use building in Avondale with a total of 6 units. 3 retail spaces on ground floor. 2 apartments on second floor (1bd unit and 2bd unit) along with 1 office on second floor. Second floor office could be converted to an apartment or added to the existing 1bd unit to create a larger unit. One parking spot in the rear. B3-1 zoning. Pro Forma NOI of $78,128. Ground floor retail unit (3701) has been leased. Second floor office is vacant upon sale. Building insurance is $3,216.

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Commercial Active

Price

$ 900,000

Property Type

Commercial

Taxes

$ 9,827

Style

Lot Size

0.096809

Year Built

1927

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11481116

Features
General
Cooling Central Air Partial
Zoning COMMR
Construction Materials Brick
Year Built 1927
Electric Separate Meters
Tenant Pays Air Conditioning Electricity Heat
Stories Count 2
Township North Chicago
Property Subtype Mixed Use
Tax Year 2020
Gross Income 95148
County Cook
Net Operating Income 78128
Operating Expense 17020
Insurance Expense 3216
Property Type Commercial Sale Mixed Use
Status Active
Directions On Elston Avenue just north of Addison Street and just south of Irving Park Road. Located 0.5 miles from Metra CTA L and I-94 Expressway.
City Chicago
Number Of Units Total 5
MLS Area CHI - Irving Park
Lot Size Square Feet 4217
Tax Annual Amount 9827
Electric Expense 1284
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 150
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 5940
Lot Dimensions 87 X 92 X 127
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* Excluded Features
List By
Strauss Realty Ltd

Broker

craig@straussrealty.com

Email

Affordability Calculator

$6,360
Per Month
87%
13%
0%
Monthly Principal & Interest
$5,541
Monthly Property Taxes
$819
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/2/2022$900,000 Listed Price

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3701 N ELSTON Avenue, Chicago, IL, 60618 is a Commercial Property for sale at $900,000 with 5,940 sqft and a lot size of 0.096809. 3701 N ELSTON Avenue was built in 1927. The property's zip code is 60618 which is in Chicago, IL